Intuit (NASDAQ:INTU) Releases FY 2025 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 19.160-19.360 for the period, compared to the consensus estimate of 19.320. The company issued revenue guidance of $18.2 billion-$18.3 billion, compared to the consensus revenue estimate of $18.3 billion. Intuit also updated its FY 2025 guidance to 19.160-19.360 EPS.

Intuit Stock Down 4.0 %

Shares of NASDAQ INTU traded down $25.09 on Thursday, reaching $600.42. 2,358,704 shares of the company’s stock traded hands, compared to its average volume of 1,899,814. The business’s 50 day simple moving average is $607.22 and its two-hundred day simple moving average is $627.53. Intuit has a 12 month low of $553.24 and a 12 month high of $714.78. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.31. The company has a market cap of $168.07 billion, a price-to-earnings ratio of 58.29, a price-to-earnings-growth ratio of 2.85 and a beta of 1.24.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Thursday, April 10th will be paid a dividend of $1.04 per share. The ex-dividend date is Thursday, April 10th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.69%. Intuit’s dividend payout ratio is presently 38.81%.

Analyst Ratings Changes

Several research firms recently commented on INTU. Jefferies Financial Group boosted their price objective on shares of Intuit from $790.00 to $800.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Redburn Atlantic began coverage on shares of Intuit in a research report on Wednesday, February 19th. They set a “neutral” rating for the company. Citigroup reduced their target price on shares of Intuit from $760.00 to $726.00 and set a “buy” rating for the company in a research report on Wednesday. Piper Sandler restated an “overweight” rating and set a $785.00 price objective (up from $765.00) on shares of Intuit in a research report on Wednesday. Finally, StockNews.com upgraded shares of Intuit from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $717.88.

Insider Buying and Selling

In other Intuit news, CEO Sasan K. Goodarzi sold 75,000 shares of the business’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $630.10, for a total value of $47,257,500.00. Following the sale, the chief executive officer now directly owns 35,776 shares in the company, valued at approximately $22,542,457.60. The trade was a 67.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Lauren D. Hotz sold 1,078 shares of the business’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $619.28, for a total transaction of $667,583.84. Following the completion of the sale, the chief accounting officer now owns 1,864 shares in the company, valued at approximately $1,154,337.92. This trade represents a 36.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 218,014 shares of company stock valued at $140,855,687 over the last 90 days. 2.68% of the stock is currently owned by company insiders.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.